CBRE is excited to present for your consideration 979 Burke Road, Camberwell A premium two-level opportunity ideally positioned at the gateway of Camberwell Junction and the ideal proposition for owner occupiers, investors or developers.
Key attributes of this outstanding offering include:
+ Three (3) year lease to long standing tenant of 25 years, no further options
+ Current rental income of $151,462.58 pa* + GST & outgoings with fixed annual increases
+ Favourable Commercial 1 Zoning that supports multi-level development (STCA)
+ Substantial building area of 664sqm* plus on-site car parking
+ Irreplaceable landholding of 628sqm* with prominent exposure to Burke Road
+ Ideally located at the gateway of Camberwell Junction, walking distance to national retailers, restaurants, homewares, fashion boutiques and recreation attractions
+ Lucrative sought after suburb, with a median house price of $2,470,000**
For sale via public on-site auction Thursday 6th December 2018 at 2.30pm
Open for inspections:
Wednesday 14th November 3:00-4:00pm
Wednesday 21st November 3:00-4:00pm
Tuesday 27th November 3:00-4:00pm
FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:
Sandro Peluso
+61 418 389 757
Josh Twelftree
+61 452 524 985
Jimmy Tat
+61 439 399 118
*approx